17 June 2021, 16:00-17:15
Event
CreditDebitPro.com
This online event – co-hosted with the United Nations (UN) Working Group on business and transnational corporations and other business enterprises (Working Group), Norges Bank Investment Management (NBIM) and the Corporate Human Rights Benchmark – marks the launch of Taking stock of investor implementation of the UN Guiding Principles on Business and Human Rights.
This report is part of UNGPs 10+ Project, launched in July 2020 by the Working Group to take stock of the implementation of the UN Guiding Principles on Business and Human Rights (UNGPs) to date and chart a course for increased action by states and businesses in the next decade.
June 16th, 2021 marks the tenth anniversary of the unanimous endorsement by the UN Human Rights Council of UNGPs. A major step forward in efforts to prevent and address business-related human rights abuse, they provide a global authoritative framework for state duties and business responsibilities to achieve the UNGPs' vision of ‘tangible results for affected individuals and communities, and thereby also contributing to a socially sustainable globalization.’
In its efforts to assess the first decade of UNGPs implementation and develop a roadmap for meaningful action in the decade ahead, the UNGPs 10+ Project seeks to shine a light on the responsibility of institutional investors – asset owners and managers – to respect human rights as key to speed and scale up business respect for human rights in the next decade. The report focuses on investors and the actors who work with and influence them, including State actors, civil society organizations, data providers, and consultants.
UN Photo/Jean Marc Ferré
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